Property Description

New Condominium Development Vincent Condos – SOLD OUT
Coming soon to
2851 Highway 7, Vaughan, ON
SOLD OUT

Quick Facts
ADDRESS	2851 Highway 7, Vaughan, ON
AREA	Vaughan
BEDS	0 – 3 Bedrooms
AVERAGE PRICE PER SQFT	$718 per SqFt
OCCUPANCY	TBA
DEPOSIT	$10,000 Bank Draft on Signing Balance to 5% in 30 days 2.5% in 90 days 2.5% in 120 days 2.5% in 365 days 2.5% in 540 days 5% on Occupancy
SUITE SIZE RANGE	343 – 1489 SqFt
STARTING PRICES	SOLD OUT

Vincent is coming to Hwy.7 near Jane, towering over the energy of the emerging Vaughan Metropolitan Centre, picture striking architectural design with hotel-inspired lifestyle experiences. Stylishly sophisticated. Thoughtfully comforting. Vincent is distinctly, and distinctively, yours. Transit accessibility means seamless travel throughout the city, making it ideal for a variety of lifestyles and that’s exactly what this development promises. 

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AMENITIES

Vincent Condos is slated to house 800 units across a two-tower condo connected by a seven-storey mid-rise podium. The two towers — dubbed the south and north tower –will be connected by a podium featuring floor level retail space. The two towers will respectively stand 27 and 37 storeys. Residents can anticipate balconies for their suites.

The developer is known for creating hotel-inspired suites that are uniquely urban, and it can be expected that the units in this development will follow suit. Their developments commonly boast fixtures and finishings that are high quality, as well as high-end amenities that make for an all-encompassing luxurious lifestyle.

Investors will want to take note of this expansive development that will boast mixed-use, with retail and commercial space at floor level. These spaces provide ample opportunity for small businesses and provide even more value to the residence.

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LOCATION & NEIGHBOURHOOD

Vincent Condos marks the implementation of the city’s plan for the VMC neighbourhood to incorporate residential neighbourhoods, office districts, mixed-use areas, parks, open squares and employment areas. The region is one resident will want to live with, thanks to its rapid growth and influx of transformative additions it has seen recently and will see in the foreseeable future.

Students for one will be able to be removed from the hustle and bustle of campus, while also having a seamless route to school for early morning and late-night classes. Students will likely opt to share a unit with a roommate at this development that will make travel easy to Toronto’s major campuses like the University of Toronto, Ryerson and OCAD. The building will be particularly perfect for students of York University, who will arrive on campus in a matter of minutes after hopping on the subway.

The third-largest university in Canada, York University is home to 46,000 undergraduate students and 5,900 grad students, it also employs a total of 7,000 people. Needless to say, this proximity to the campus is beneficial for students and professionals alike.

In fact, Vaughan is projected to create 12,0000 units and 6,500 jobs by 2031, making it ideal for professionals. The city is currently home to over 11,370 businesses, seeing a 3.5% employment growth from 2006 to 2016. The city makes up 38% per cent of the York Region’s employment, making it the largest employment centre in the region.

With job opportunities in the city, nearby suburbs like Markham and in the city thanks to transit access there’s a lot of reasons for people to seek residence in Vaughan. After all, the location of the site offers the opportunity to travel into the city to enjoy the 9 to 5 hustle and bustle of working in the downtown core and make it home to a charismatic contemporary suburb for dinner.

The sky’s the limit for business professionals looking to establish roots in this up and coming urban suburb. The creation of the Subway Line 1 addition involving the VMC was the first major step towards transforming Vaughan into a suburban city centre with job additions like the notable KPMG office building on site.

Another example of steps being taken towards the metropolitan nation of the city is the upcoming edition of the Mackenzie Vaughan hospital slated to span 1.2 million square feed with 350 beds and the possibility to hold 550 beds. This addition also promises to add jobs to the neighbourhood.

In 2009, The Region of York deemed the VMC one of four regional centres. These centres are contemplated to provide the community with diverse uses including residential, employment, live/work, and investment purposes to name a few.

 

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VINCENT CONDOS HIGHLIGHTS

• Located in the Heart of Downtown Vaughan
• 5-minute walk to Vaughan Metropolitan Centre Subway Station
• Easy access to Highway 400 & 407
• 4-minute drive to York University
• 7-minute drive to Vaughan Mills
• 12-minute drive to Yorkdale Shopping Centre
• Close to shops, restaurants and schools
• Has an excellent transit score
• A nearby park includes Weston Downs Park

 

Register Now to get access to the VIP Prices and Floor Plans of  Exclusive Low maintenance Fee for these Condominiums in Vaughan, ON. Please click here and fill out the form and we will send you more info as soon as possible.

Is this Not the right location, city and type of house you are looking for? No problem, We may certainly find your dream home: Click here and fill out the “My Dream Home search in Mississauga ” form and we will get back to you with relevant information.

We strongly recommend you as the buyers to be accompanied by a RE/MAX Team Paliwal REALTOR® for the first time when entering a New Home/ Condo sales centre. We as builder’s preferred agents get paid a small fee by the builders BUT our services are absolutely free for you. While on the other hand if you go directly – the sales staff at the builder sales centre is looking after the interest of the builder – NOT you and they do not disclose many points that may not be in your best interest.  We as your agents will guide you through the selection and the purchase process and negotiate with the builder on your behalf, we will also recommend and introduce you to the top professionals such as lawyers and mortgage agents, Banks.

We are Independent Realtors, part of RE/MAX Realty Specialists Inc., Brokerage. We do not represent the builder, we represent you! We gain first VIP Access, Pricing & Incentives to many pre-construction developments throughout the GTA. This offer is not available to Buyers currently working with a Realtor and is not intended to solicit buyers currently under contract.

All renderings, incentives, pricing are subject to terms & conditions and may change at any time without notice – see sales representatives for more details.

All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.

FAQs

How do I reserve a unit or lot in this project?

Click on “Request Information” – Fill out the form and send us, We will send you more details so that you may select the suites or Lots you are interested in.

What does it mean that RE/MAX Team Paliwal -Gyanesh Paliwal is a “Platinum Agent”?

Platinum agents are the top-selling agents who get preferred status with developers and first access to new projects before regular agents and the public.

How does it benefit me as a buyer to work with RE/MAX Team Paliwal as my Platinum Agent?

Working with us as your Platinum agents give you several benefits

1. You get the highest level of access in the building or in the new home project.
2. You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
3. The best possible incentives and terms.
4. We the agents at RE/MAX Team Paliwal do not represent the builder. We represent you. You benefit from our expertise of being top-selling pre-construction agents and investors since 2007.
5. Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
6. Our services to you as a buyer are free

Do I get a cooling-off period? What is it for?

Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling-off period BUT only in case of high rise Condo units or Condo-Townhomes NOT when you buy Freehold homes. It’s 10 calendar days, not business days from the time you sign.

The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter

Do I need to have a lawyer?

You don’t need to have a lawyer at the moment that you sign the agreement, however, we always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling-off period when you buy a Condo unit.

Do I need to have a mortgage pre-approval to buy?

95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 30 to 60 days of signing.

Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that we may help you with. Contact us for more details.

Do the prices include HST?

 If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is no HST you will have to pay at final closing.

If you are purchasing as an investment, rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.

This money is remitted to the CRA and later on, we may help you and guide you as to how you can apply to the CRA immediately to get this money back. It usually takes about 1 to 3 months to get your rebate back.

What are my closing costs on a pre-construction condo or house?

Closing costs on a pre-construction condo or house will always be much higher than buying similar property under resale or existing ones. The closing cost of a brand new house or Condo will depend on the actual purchase price of the unit/house you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit/house that you are buying.

Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo or house.

Contact RE/MAX Team Paliwal  for more details

Are there any hidden costs when buying a pre-construction condo unit or home in Greater Toronto, Canada?

No, there are no hidden fees when buying pre-construction condos or houses because all fees must be disclosed in the agreement of purchase and sale. All purchasers must review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you several expert law firms that will review your agreement in detail.

Is it possible to assign my condo or house? How much is the assignment fee?

Most condo or house builders do allow you to sell your unit/lot or house before its occupancy by you. This process is called selling by “assignment”.

There is usually an assignment fee and a legal fee associated with selling. Costs may range from $1000 to 10,000. Contact us for more details.

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